As of close of business last night, Samsara Inc’s stock clocked out at $35.52, down -1.33% from its previous closing price of $36.00. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 3884702 shares were traded.
Ratios:
To gain a deeper understanding of IOT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, FBN Securities on October 25, 2023, initiated with a Outperform rating and assigned the stock a target price of $30.
On April 21, 2023, Truist started tracking the stock assigning a Hold rating and target price of $20.
Morgan Stanley Downgraded its Overweight to Equal-Weight on March 23, 2023, whereas the target price for the stock was revised from $18 to $19.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 26 ’24 when Biswas Sanjit sold 96,000 shares for $39.26 per share. The transaction valued at 3,768,749 led to the insider holds 1,307,921 shares of the business.
Bicket John sold 96,000 shares of IOT for $3,768,628 on Mar 26 ’24. The insider now owns 1,211,382 shares after completing the transaction at $39.26 per share. On Mar 26 ’24, another insider, Caimi Lara, who serves as the PRESIDENT, WORLDWIDE FIELD OPS of the company, sold 19,379 shares for $39.00 each. As a result, the insider received 755,781 and left with 1,196,989 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IOT now has a Market Capitalization of 19.82B and an Enterprise Value of 19.37B. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.06 while its Price-to-Book (P/B) ratio in mrq is 21.19. Its current Enterprise Value per Revenue stands at 20.66 whereas that against EBITDA is -82.64.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $40.54, while it has fallen to a 52-week low of $16.63. The 50-Day Moving Average of the stock is 34.60, while the 200-Day Moving Average is calculated to be 29.34.
Shares Statistics:
It appears that IOT traded 3.89M shares on average per day over the past three months and 4.27M shares per day over the past ten days. A total of 200.99M shares are outstanding, with a floating share count of 164.96M. Insiders hold about 68.84% of the company’s shares, while institutions hold 27.99% stake in the company. Shares short for IOT as of Mar 15, 2024 were 11.73M with a Short Ratio of 3.01, compared to 11.35M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.15% and a Short% of Float of 6.76%.
Earnings Estimates
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.
Analysts are recommending an EPS of between $0.13 and $0.11 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.22, with 13 analysts recommending between $0.26 and $0.14.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for IOT’s current fiscal year. The highest revenue estimate was $1.22B, while the lowest revenue estimate was $1.19B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $937.38M, up 27.50% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.59B and the low estimate is $1.47B. The average revenue growth estimate for next year is up 25.90% from the average revenue estimate for this year.
